Question

Anu borrowed Rs 4000 from a bank at 7 % per annum for 2 years. She then lent this amount to Nidhi at 9 % per annum for the same period. How much did Anu gain in this transaction?​

Answer 1

Explanation:

p- 4000

r- 7

t-2years

SI- P×r×t/100

SI-4000×7×2/100

SI- 4000×14/100

SI- 56000/100

SI- 560

so anu give = p+ SI

= 4000+560

= 4560 ₹

p- 4000

r- 9

t-2 years

SI- P×r×t/100

SI- 4000×9×2/100

SI- 4000×18/100

SI- 72000/100

SI- 720

so nidhi give= p+SI

= 4000+720

= 4720

I think it will help you